742 Driggs Ave, Brooklyn NY 11211 Brick 2 Family w/ Store in Prime Williamsburg! ***Asking Price $3,200,000*** EXCELLENT Investment! Prime Williamsburg Location! *10 min walk to the Bedford L train *Only 3 Blocks to Williamsburg Bridge This Property Features: 1 Fl: Commercial Unit w/ fully installed Kitchen (Vacant. Projected rent: $6,500/mo, $78K/ Yr) 2nd Fl: 1 Br, 1 Bath ($2,400/mo. No Lease Projected rent: $2,500/mo; $30K/ Yr) 3rd Fl: 1 Br, 1 Bath ($2,450/mo, No Lease Projected rent: $2,500/mo; $30K/ Yr) ~ LG Backyard ***All Apartments are Fully Renovated w/custom Kitchens & Bathrooms Building: 19.25 x 35 ft Lot: 19.25 x 78.5 ft Zoning: R6 FAR: 1.32; Max FAR: 2.43 Expenses: (Yearly): Water: $1,200 Gas: $3,500 Insurance: $1,920 Taxes: $3,936 Projected Rent Roll: $138K/ Yr+ This is a secure investment! Will not last long! Call TODAY! Franco Medina (917) 864 2398 Capri Jet Realty (718) 388 2188 Excellent Opportunity for Investor on End User/Restaurateur. New, Fully installed Kitchen on the ground floor allows for market retail Rent, ideal for Café, Restaurant, Lounge, or any permitted use. Previous tenant had a full liquor license. With existing residents and new residents coming to luxury condos nearby, any retailer to open up shop is bound to be a home run! Apartments are renovated a ready to go. No leases. Free market. Available FAR allows for approximately 1195 Square Feet to be added to the building. 742 Driggs Avenue, Brooklyn, NY 11211 / 2 Family + Store * 19.75 x 78.5 Lot 19.75 x 35 Building Size S2 Building Class R6 Zoning / FAR 2.43 * 2021 Existing SF 1650 Available SF 3671 Max. SF School District 14 * Taxes: $3,822- Gas/Heat: $3,500- Water/Sewer: $1,200- Electricity: $200- Insurance: $1,923.26 Rent Roll: $138,000-projected annually * Store: $6,500-projected monthly/$78,000-projected annually * 2nd Floor: $2,500-monthly/$30,000-annually * 3rd Floor: $2,500-monthly/$30,000-annually Price: $3,250,000- All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change or price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions and square footage are approximate. To ascertain exact dimensions or square footage you must hire your own professional services.
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